Appropriates funds to DEP for environmental infrastructure projects in FY2026.

The bill appropriates state and federal funds to the New Jersey Department of Environmental Protection for environmental infrastructure projects in fiscal year 2026. It authorizes the DEP to provide zero-interest and principal-forgiveness loans to local governments and public water utilities for clean water and drinking water projects, including 151 clean water projects totaling $1.7 billion and 59 drinking water projects totaling $651.7 million. The bill specifies different funding mechanisms, including full principal forgiveness for qualifying projects and blended interest rates for larger projects, with all funding expiring on July 1, 2026.